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Zumiez Downgraded To Hold
Thursday, September 23, 2010 - 10:49am | 37Zumiez Inc. (NASDAQ: ZUMZ) has been downgraded from Buy to Hold by McAdams, Wright & Ragen and has a new price target of $22, up from $20. Zumiez Inc. closed yesterday at 21.00.
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Call Spreads Active in the CBOE SPX Volatility Index (VIX)
Thursday, September 23, 2010 - 9:29am | 1615I'd like to share a quick update on a large eight-part options trade we saw in the CBOE SPX Volatility Index (VIX) yesterday. A trader appears to have bought to close 23,000 October 24/26 call spreads (buying the 24 calls and selling the 26 calls) for a net debit of 60 cents. Looking at...
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Piper Jaffray's Retail September SSS Preview
Thursday, September 23, 2010 - 8:45am | 168Piper Jaffray writes on the September retail preview: "More than halfway through the month of September, women's specialty comps trending strongest, mass avg and teen lowest: Our PJC comp store index is forecasted to increase +1.4% in September, following a +2.9% increase in August, and a +2.9%...
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Epsilon Signs Expansion Agreement With Chico's (ADS, CHS)
Thursday, September 23, 2010 - 7:42am | 72Alliance Data Systems Corporation (NYSE: ADS) today announced that its Epsilon subsidiary has signed an expansion agreement with Fort Myers, FL-based Chico's (NYSE: CHS) to provide data overlay services. Under terms of the expanded agreement, Epsilon will now also include data from its proprietary...
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Earnings Scheduled For September 23 (NKE, MTN, TIBX, TXI, CMTL, SPEC, FINL, SCHL, NEOG, SABA, PKE, RAD)
Thursday, September 23, 2010 - 5:03am | 273Nike Inc (NYSE: NKE) may report its Q1 earnings of $1.01 per share. Vail Resorts (NYSE: MTN) is expected report a Q4 loss of $1.09 per share. Tibco Software Inc (NASDAQ: TIBX) is projected to report its Q3 earnings of $0.15 per share. Texas Industries Inc (NYSE: TXI) is likely to post a Q1 loss...
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Benzinga Talks With Fast Money's Patty Edwards (TIF, JCG)
Wednesday, September 22, 2010 - 8:01pm | 653Patty Edwards is a frequent contributor to both CNBC's Fast Money as well as the Fast Money Halftime Show which takes place during the middle of the trading day. She is an investment manager at Trutina Financial, formerly known as Storehouse Partners, in Seattle, Washington. Patty was nice enough...
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Men's Wearhouse Chairman Sells 86,862 Shares of MW
Wednesday, September 22, 2010 - 5:41pm | 63In a Form 4 filed after the bell today, Men's Wearhouse Inc. (NYSE: MW) Chairman of the Board, George Zimmer, reported that he sold 83,862 shares of MW on September 20th for an average price of $23,68. The transaction totaled $1,985,835. This sale was 10b5-1 Plan indicated. Mr. Zimmer owns 2,461,...
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Protection Purchased on Limited Brands (LTD)
Wednesday, September 22, 2010 - 11:09am | 190Shares of Limited Brands Inc. (NYSE: LTD) are lower on the session by 1.255, currently trading at $26.15. The stock has been moving largely higher over the past three months, off of a recent low near $21.80, though is now nearing resistance at $28.00. Options traders are buying protection on the...
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10 Stocks to Consider Before Holiday Hype
Wednesday, September 22, 2010 - 8:09am | 404BOSTON (TheStreet) -- With the holidays right around the corner, investors can get a jump on the hottest consumer stocks now. The following 10 companies sell trendy products. Their stocks receive top rankings from analysts, who are predicting big gains in the next 12 months. They're ordered by...
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Wind Works Power Corp. Signs Option to Acquire 100% Interest in Phase II of Wind Park Burg Project
Tuesday, September 21, 2010 - 4:08pm | 162Wind Works Power Corp. (OTC.BB: WWPW)(Frankfurt: R5E1)(WKN: AOKE72) is pleased to announce it has signed an option agreement to acquire the remaining 50% interest in Wind Park Burg Phase II. Wind Works now has an option to acquire a 100% interest in the project. Phase I of Wind Park Burg is a 4...
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Post-Earnings Options Strategies in Lennar Corp. (NYSE:LEN)
Tuesday, September 21, 2010 - 10:20am | 1708Homebuilder Lennar Corporation (NYSE:LEN) reported third-quarter earnings on Monday, entering profitable territory and exceeding analysts' expectations. The firm booked 16 cents per share, or $30 million, as revenue rose 14% to $825 million. Analysts had been expecting earnings of six cents per...
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Tetra Tech Joint Venture Awarded $30 Million Contract
Tuesday, September 21, 2010 - 9:02am | 124Tetra Tech, Inc. (NASDAQ: TTEK) announced today that its Tetra Tech Canada Construction entity is part of a joint venture with ACCIONA Infrastructures Canada Inc. that has been awarded a $30 million contract to provide turn-key construction services for the Lamèque Wind Power Project in the...
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Zacks #5 Rank Additions for Tuesday - Tale of the Tape
Tuesday, September 21, 2010 - 8:39am | 345Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Acorn Intl Inc (ATV) Compass Minerals Intl Inc (CMP) Covance Inc (CVD) Dress Barn Inc (DBRN) Encore Energy Partners LP (ENP) View the entire Zacks #5 Rank List. ACORN INTL-ADR (ATV): Free Stock Analysis Report COMPASS...
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Company News for September 20, 2010 - Corporate Summary
Monday, September 20, 2010 - 7:48pm | 865• Safran agreed to acquire L-1 Identity (NYSE: ID) for $1.6 billion cash, or $12 per share • General Growth Properties (NYSE: GGP) paid $230 million to Howard Hughes heirs to settle a dispute • Goldman Sachs (NYSE: GS) upgraded Freeport-McMoRan (NYSE: FCX) to "buy" from "neutral," taking the price...
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Hot Topic, Inc. Announces Appointment of Steven R. Becker and Matthew A. Drapkin to the Board of Directors
Monday, September 20, 2010 - 4:05pm | 248Hot Topic, Inc. (Nasdaq: HOTT) announced today the appointment of Steven R. Becker and Matthew A. Drapkin to its board of directors, effective October 1, 2010. In addition, Mr. Becker will serve as a member of the compensation committee, and Mr. Drapkin will serve as a member of the governance and...